@Daniel Savage I have heard of taking say 5 or more properties and rolling them into a portfolio loan that covers all 5.  

Now we move on to "due diligence", where my attorney asks for a bunch of stuff - tax documents, rent roll, water/sewer bill, copies of leases, etc. 

Funny you would say that, because I happened to throw out a new wrapped roll of vinyl that I found in my last rental (Grrr!).

A lot of collectors call and the people just send a cease and desist letter against them.

I saw it as an opportunity to get the ball rolling, with potential little output.

Lowest rate vs total cost rolled into your loan.

You should plan to review all the owner's financial statements, review the rent rolls, walk every unit, audit every lease, have contractors inspect the mechanical systems, roofs, create a business plan, review title, review environmental reports, shop all the comps, etcDo you have financing already lined up?

Still no guarantee I will get them to pay but I will roll the dice and take my shot.  

Anything relevant info to get the ball rolling would be great.  

@Robert Whitelaw   generally speaking I agree with the buy hold will win the day.. but its just cannot be a blanket statementthere was  a very big apartment owner here in PDX that rolled up all his units  and cashed in 20 million in equity.. went to vegas in 05 on a massive 1031... bought 100 million in multi there.vacancy rates as you know on fully leveraged multi  in excess of about 10 to 15% put huge strains on those and much more than that you have to feed them.vacancies in 08 in vegas hit 10 to 40%  he LOST THEM ALL.... had he just held pat on his vanilla PDX he would be fine and our stuff here has sky rocketed  must like a little brother to silicon valley real estate..